Protocol Referrals

Earn 10% of fees from users you refer to Token Layer

Overview

Protocol referrals allow you to earn a percentage of trading fees from users you refer to Token Layer. This creates a passive income stream as your referred users trade.

Eligibility

To create a referral code, you must:

Complete $10,000 in trading volume on Token Layer

Once you meet this threshold, you can create your referral code at app.tokenlayer.network/earn.

Earning Structure

Referrer Rewards

10% Commission

You receive 10% of your referred users’ fees, less any fee discount they receive

Reward Limits

• Referral rewards apply for a user’s first $1 billion in volume
• After $1B, the referrer no longer earns from that user’s trades

Fee Discounts for Referred Users

Users who enter your referral code receive:

4% Fee Discount

A 4% discount on all trading fees for their first $25 million in volume

This discount makes your referral code attractive to new users while you still earn from their activity.

How to Share Your Referral Code

Get Your Unique Link

Once you create a referral code (e.g., MYCODE), share it using:

https://app.tokenlayer.network/join/MYCODE

Where to Share

Social Media

Twitter, Discord, Telegram, etc.

Content

Blog posts, videos, tutorials

Communities

Trading groups, forums, chats

Direct Messages

Personal recommendations

Claiming Rewards

Accrual

• Referral rewards accrue for all quote assets (USD stablecoins)
• Track your earnings in real-time at app.tokenlayer.network/earn

Claiming

1. Minimum Balance

   Wait until your rewards exceed $1

2. Claim

   Click “Claim” on the earn page

3. Receive

   Claimed rewards are reflected in your spot balance immediately

Using a Referral Code

As a New User

If you want to receive a fee discount, you can:

1. Enter a code directly: Visit app.tokenlayer.network/earn
2. Use a referral link: Click a friend’s referral link (e.g., app.tokenlayer.network/join/THEIRCODE)

Benefits

4% Fee Discount

Save 4% on trading fees for your first $25 million in volume

Important Notes

Referral discounts do not apply to:

• Vaults
• Sub-accounts

These are treated as independent accounts in the clearinghouse.

Example Calculation

Let’s say you refer a user who does $1,000 in trading fees:

1. User’s discount: $1,000 × 4$40 (user saves $40)
2. Net fees: $1,000 -$40 = $960
3. Your commission: $960 × 10$96**

The user saves money, and you earn passive income!

API Integration

Create and manage referral codes programmatically:

Create Referral Code

POST /create-referral-code

Enter Referral Code

POST /enter-referral-code

Best Practices

Quality over quantity: Focus on referring active traders who will generate consistent volume

• Create educational content about Token Layer
• Highlight the unique features (omnichain tokens, low fees, etc.)
• Be transparent about the mutual benefits
• Track which channels drive the most referred volume

Questions?

For more information about protocol referrals, contact us at [e-mail].